Next Story
Newszop

Now you can withdraw money from an ATM only this many times, know how much money will be deducted from your pocket every month?

Send Push

In today's era, the way of making payment has completely changed. Now people make payments digitally. Through UPI, you get paid in a few seconds. Even from drinking tea to paying the rickshaw fare, people now pay online.

But despite this, cash is needed for some work. At the same time, there are some people in the country who still prefer to make cash payment instead of online payment. Nowadays no one goes to the bank to withdraw cash.

Rather, for this people withdraw money from ATM. If you also make cash payments. And withdraw money from ATM. So now you should be careful because you can withdraw free money from ATM only this many times. After this, you will have to pay extra fee. Let us tell you the whole news.

Actually, from 1 May 2025, the rules regarding withdrawing money from ATM have changed. According to the rules of the Reserve Bank of India, if someone transacts up to the free limit. But after that when he withdraws money. So he has to pay a charge.

Earlier, 21 rupees had to be paid for every transaction for this. But now it has been increased after the new rules, now after the free limit, people will have to pay 23 rupees instead of 21 rupees every. This rule has come into effect from 1 May 2025.

Let us tell you that if you live in metro cities like Delhi, Mumbai, Bengaluru and Kolkata. So you can withdraw free money from ATM three times a month. So in non-metro cities i.e. small cities you can withdraw five times.

But after this, if you withdraw money from ATM. So you have to pay a charge which has now been increased by RBI. Let us tell you that if you check the balance from another bank other than your bank. Or take out a mini statement. Even then you will have to pay a charge.

Loving Newspoint? Download the app now